TSX-V-listed junior Medallion Resources, which is pursuing production of magnet metals, believes the time is right to start selecting potential sites for a rare earth plant as part of a strategy of rebuilding a North American rare earth value chain.
The company is seeking third-party proposals to advance the development of a North American extraction plant, with one proposal calling for the evaluation of logistics and plant sitting operations in the US and Canada, while the other calls for the development of the process engineering design for Medallion’s rare-earth flowsheet.